Elan rises as Q1 net loss narrows
Published 21/04/2010 | 10:16
Elan rose as much as 2.6pc in Dublin as the pharmaceutical company said its first-quarter net loss narrowed to $2m from $102.6m a year earlier.
The company rose as much as 14.4 cents to €5.74 and traded at that level at 8:09am.
Speaking on RTE radio today, Elan CEO Kelly Martin said he expects 2010 to be a “very good” year for the company.